1,000 Dollars and an Idea: Entrepreneur to Billionaire
1,000 Dollars and an Idea: Entrepreneur to Billionaire: Expanded Edition Sam Wyly,
Publisher: Newmarket Press
ISBN: 1557048487
DDC: 338
Edition: Paperback; 2009-09-29
Summary:
Expanded edition with new chapters on the Great Crash of 2008 and
looking ahead. Self-made billionaire Sam Wyly is a natural
storyteller. In this candid, engrossing memoir, he recounts his
experiences establishing and expanding companies on the leading edge
of advancements in technology, energy, retail, and investments over
the last five decades. From the hardships his family faced trying to
hold on to their cotton farm during the Depression to the coaching he
received on the high school football field, Wyly describes how his
early years in Louisiana prepared him for what lay ahead. Risking
$1,000 of his savings, Wyly founded University Computing in 1963 and
took it public two years later, becoming a millionaire at the age of
thirty. Throughout this book, he reveals the decisions and strategies
behind his many business successes, including founding Sterling
Software, growing the small chains of Michaels Stores and Bonanza
Steakhouses into nationwide brands, and founding Green Mountain
Energy, the largest provider of cleaner energy in America today. In
this expanded edition, Wyly discusses the "Great Crash of 2008" in
historical perspective, offering insights on the causes of our
current financial crisis and the path to recovery--including the
importance of green energy for the future.
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